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The COVID-19 pandemic led to a lot of retail shops in malls filing for bankruptcy due to all public places being off limits. Very few retail shops survived through the pandemic, leading to the loss of businesses, malls, and plazas nationwide. According to ICSC, in March 2020, foot traffic at indoor malls declined 56 percent compared to 2019.
Learn more:The COVID-19 pandemic led to a lot of retail shops in malls filing for bankruptcy due to all public places being off limits. Very few retail shops survived through the pandemic, leading to the loss of businesses, malls, and plazas nationwide. According to ICSC, in March 2020, foot traffic at indoor malls declined 56 percent compared to 2019.
chscourier.com/spotlight/2025/03/25/malls-are-dyin…Major mall retailer files for bankruptcy, plans liquidation. Shopping malls were struggling even before the events of the pandemic. But in 2020, consumers were forced to stay away from malls due...
www.thestreet.com/retail/huge-mall-retailer-confirm…Indoor shopping malls across america are struggling due to technology and changing consumer behavior. on average, household income has stagnated or declined for middle and low income.
confopay.com/why-are-shopping-malls-dying-closin…Many major retailers are shutting down underperforming locations to cut costs and boost sales, and several companies have gone bankrupt. What Is Driving the Closures? Persistent price inflation continues to grind down consumers and retailers alike.
www.moneymetals.com/news/2024/12/27/thousan…Stores like rue21 and The Body Shop have already declared bankruptcy this year and shuttered all their locations. Other retailers like Express have also declared bankruptcy, but some locations are still operating. Store closings and bankruptcies are becoming a trend and more retailers could follow.
financebuzz.com/mall-favorites-going-bankruptMalls are dying, but why? – Calabasas Courier Online
3 days ago · The COVID-19 pandemic led to a lot of retail shops in malls filing for bankruptcy due to all public places being off limits. Very few retail shops survived through the pandemic, leading to the loss of businesses, malls, and plazas …
Huge mall retailer confirms Chapter 11 bankruptcy …
Mar 17, 2025 · Major mall retailer files for bankruptcy, plans liquidation. Shopping malls were struggling even before the events of the pandemic. But in 2020, consumers were forced to stay away from malls due...
Why Are Shopping Malls Dying Closing Shutting And Going Out …
4 days ago · Indoor shopping malls across america are struggling due to technology and changing consumer behavior. on average, household income has stagnated or declined for …
Thousands of Store Closures on Tap for 2025 - Money Metals …
Dec 27, 2024 · Many major retailers are shutting down underperforming locations to cut costs and boost sales, and several companies have gone bankrupt. What Is Driving the Closures? …
7 Mall Favorites Are Most Likely To Go Bankrupt and Close In 2024
Jan 22, 2025 · Stores like rue21 and The Body Shop have already declared bankruptcy this year and shuttered all their locations. Other retailers like Express have also declared bankruptcy, …
Troubled mall retailer makes hard decision amid bankruptcy …
Such is the case with Forever 21, a popular mall retailer that mostly sells fast fashion aimed at teens and young adults. Forever 21's struggles aren't new; it filed for Chapter 11 bankruptcy...
Why it seems like all of America’s chains are closing
Jan 2, 2025 · Red Lobster and other restaurant chains struggled last year and filed for bankruptcy. There’s no single reason why all of these chains closed last year. But they have a few factors …
Why do retail store closings seem so common? - Marketplace
Dec 16, 2024 · Nearly 50 retailers filed for bankruptcy this year. A glut of brick-and-mortar locations in the age of online shopping is one cause.
Popular bankrupt mall retailer's leases are up for grabs
Mar 21, 2025 · The leases offer great terms but pose challenges for new tenants.
These 8 Stores Are Most Likely To Go Bankrupt and Close In 2024
Jan 22, 2025 · Uncover the 12 stores teetering on the brink of bankruptcy as we predict the closures that will reshape the shopping scene in 2024.
Retailers are eager to take spaces left by bankrupt chains like Big ...
Feb 3, 2025 · Burlington and another discount retailer, Ollie’s Bargain Outlet, have each taken more than 20 former Big Lots spaces in bankruptcy auctions so far, according to research from …
The shopping mall apocalypse continues as two large operators …
Nov 2, 2020 · The ongoing shopper exodus from malls has landed another two companies in bankruptcy court protection.
The running list of major retail bankruptcies
Feb 27, 2023 · Retail Dive will continue to update this tracker with the latest major retail bankruptcies. These entries provide information on when major retailers filed, the reasons …
After Chapter 11 bankruptcy, retailer shares plan to save stores
Mar 18, 2025 · Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more.
Two major mall owners file for bankruptcy, citing rent losses
Nov 2, 2020 · Simon Property Group, the nation's largest mall owner and a direct competitor to PREIT and CBL, has managed to avoid bankruptcy, embarking instead on its own shopping …
Huge mall retailer considers bankruptcy and closing all stores
Mar 14, 2025 · The popular mall retailer is reportedly planning to file for bankruptcy and close all of its stores.
Retail Layoffs And Bankruptcies Surge As Mall Cops Lose Their …
Jul 13, 2020 · The American consumer wonders why we are having all these bankruptcies; why they see malls with empty spaces; why “for rent” signs consistently appear along once …
Joann, 80-Year-Old Crafts and Fabrics Retailer, Will Close All …
Feb 24, 2025 · Joann, the fabrics and crafts retailer that has supplied quilters, seamstresses and school projects for 80 years, announced that it would close down all of its stores in the latest …
Mall Company Simon Property Group Saves Another Retailer …
Sep 12, 2020 · Malls are saving another retailer. J.C. Penney is the fourth bankrupt chain this year getting sold to a venture with its landlords, including the biggest U.S. mall company.
Bankrupt discount retail chain unloads more locations
Mar 4, 2025 · The popular retail store chain makes a major move with a rival.
Two major mall owners file for bankruptcy | CNN Business
Nov 2, 2020 · Two owners of a combined 130 or so malls across the US have filed for bankruptcy, signaling that the pandemic and shifting consumer habits continue to rattle the retail industry. …
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